GREY:NATUF - Post by User
Post by
RGS1on Nov 21, 2002 10:47am
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Post# 5602727
Vietnam
VietnamMiningman, with all your experience, how can you be excited about TBR, when you are so negative on NTC. You say they are interrelated, if so why would TBR be worth it's current price when tungsten is at a 15yr low and they are years and millions of dollars away from production. Have you seen a feasibilty study on TBR or even a pre feasibilty? Do you have any idea how long it would take to get to meaningful production or how much money it would take?? "can you say DILUTION". Using your logic NTC is either very undervalued or TBR is VERY overvalued. Remember Osram and Sandvik came looking for a "WESTERN SUPPLY". They, like most tungsten users have all the tungsten they currently need from the east.
By the way, most miningmen who have had anything to do with Vietnam shudder, especially the Australians.
Last but not least, you need to take off your socks when doing your calculations as you are way out to lunch on production costs and what utter nonsense about the company high grading. I still fail to understand why you are so negative to the company, Did they not hire you or fire you? Must be some rational that the rest of us who are dissapointed and have loses but still own stock would love to understand. Do you actually think you are doing some good here??